French energy giant Schneider to pursue investments in Turkey

DAILY SABAH
ISTANBUL
Published 20.09.2017 00:08

The executive vice president of international operations at Schneider Electric SE, Luc Remont, who was appointed to his new position in April this year, held a special meeting with Science, Industry and Technology Minister Faruk Özlü within the scope of his first contacts in Turkey.Remont pointed out that the Schneider Electric will pursue its investments, which it has been doing continuously for 42 years, expressing that they believe in Turkey's power and potential.

The vice president of international operations at the French multinational corporation, which has worldwide expertise in energy management and automation, discussed the company's investments in Turkey with Minister Özlü.

Stating that the meeting was positive in terms of Schneider Electric, Remont recalled that the technology company has been operating in Turkey for over 40 years.

"During this time, the company established a local ecosystem with its employees, production facilities, suppliers and business partners," he said.

"For example, we work with machine producers to transfer our global knowledge to them and contribute to the production of more technologically more efficient machines with automation solutions," Remont added, indicating that this increases local machine producers' competitiveness in international markets.

Remont went on to say that at the same time, they work with system integrators to make them technically more equipped, and they contribute to the Turkish industry's digital transformation process by providing local engineering support for their company's automation solution.

SCHNEIDER ELECTRIC TO MAINTAIN ITS INVESTMENTS IN TURKEY Schneider Electric, which started its operations in Turkey in 1987, has invested in four factories, one regional logistics center and management-sales offices in the said process. At the same time, it expanded its operations in Turkey and in the region by incorporating three domestic and one foreign company in Turkey.

He underscored that the company, which has created employment for more than 2,000 people, continued its investments in Turkey without interruptions.

"Turkey has the potential and we are committed to continuing our investments without interruption. At the same time, Schneider Electric is also making great efforts to raise the qualified human labor needed by the Turkish industry. By transferring our knowledge of global technology to Turkey, it helps our young people to gain the experience they need. As a result of its confidence in the labor force and the production skills in Turkey, Schneider Electric has chosen Turkey as the governing center of Central Asian countries and Iran in 2016," he said.

Schneider Electric, which exports about 70 percent of Turkish factories' production, focuses on contributing to Turkey's exports with an increasing export rate each year and new value-added products added to its product portfolio.

Remont said it is important to carry out works to support the development of the industry and the country in its growth-oriented strategies.

"Schneider Electric believes in the importance of doing business with leading institutions in the development of Turkey. In this respect, Schneider Electric is actively participating and supporting the platforms on smart production and Industry 4.0 managed by the Ministry and supported by organizations such as Turkish Industrialists and Businessmen Association [TÜSİAD], the Independent Industrialists and Businessmen's Association [MÜSİAD] and International Investors Association [YASED]," he said.

"Schneider Electric is ready to give the necessary support for the spread of these studies to the small and medium size enterprises (SMEs), which are also very important for the Turkish economy. We are especially aware of the critical importance of energy efficiency in the industry for sectoral and country-level development," he added.

To that end, the company supports increasing the energy efficiency of engines and aims to establish necessary cooperation with the relevant bodies.

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